L&T Finance Holdings’ non-banking finance company (NBFC) - L&T Finance, has acquired a 26% stake in Grameen Capital India (GCI). Grameen Foundation, Citicorp Finance, Amit and Arihant Patni are the other shareholders.
GCI pioneered the provision of investment advisory services to the impact sector and has facilitated more than $160 million of both equity and debt capital for social enterprises. It has also set up a debt vehicle as a significant complement to its existing services.
L&T Finance Holdings is a financial holding company offering a diverse range of financial products and services across the corporate, retail and infrastructure finance sectors, as well as mutual fund products and investment management services, through its direct and indirect wholly-owned subsidiaries.
Company Name | CMP |
---|---|
Bajaj Finance | 6747.85 |
Shriram Finance | 2338.75 |
Aditya Birla Capital | 223.20 |
SBI Cards AndPayment | 708.75 |
Chola Invest & Fin. | 1270.00 |
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